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United Europe

The European Union has 28 member states, 17 of which are on the common currency. Founded through a string of treaties beginning in the 1950s, the EU has developed its own economic, political and legal policies. Taken as a whole, the EU is the world's largest economy.

Stripping Neighbors of Money: Pressure Mounts for EU Crackdown on Tax Havens

Stripping Neighbors of Money: Pressure Mounts for EU Crackdown on Tax Havens

SPIEGEL ONLINE - November 18, 2014

Corporations pay low taxes in Luxembourg. As prime minister, Jean-Claude Juncker carried partial blame for this policy. Politicians in Brussels have maneuvered to save him from the scandal, but the case has cast light on Europe's tax-dumping problem. By SPIEGEL Staff more... Comment ]

Democratic Deficit: It's Time to Put Juncker on the Hot Seat

Democratic Deficit: It's Time to Put Juncker on the Hot Seat

SPIEGEL ONLINE - November 10, 2014

Can the European Commission be led by a man who transformed his own country into a tax oasis? The debate is long overdue and Jean-Claude Juncker can no longer afford to shirk the question. more... Comment ]

Mr. Europe? The Ghosts of Juncker's Past Come Back to Haunt Him

Mr. Europe? The Ghosts of Juncker's Past Come Back to Haunt Him

SPIEGEL ONLINE - November 10, 2014

He only recently took office as European Commission president, but now, Jean-Claude Juncker is under pressure due to potentially illegal tax deals forged in Luxembourg during his stint as the country's prime minister. Some believe he may have to resign. By Nikolaus Blome, Christoph Pauly, Gregor Peter Schmitz and Christoph Schult more... Comment ]

Approaching Brexit? Merkel Fears Britain Crossing a Red Line on Immigration

Approaching Brexit? Merkel Fears Britain Crossing a Red Line on Immigration

SPIEGEL ONLINE - November 03, 2014

David Cameron is furious about the EU Commission's demand that the UK make a back payment of €2.1 billion. But it is the British prime minister's stance on immigration that has German Chancellor Merkel more worried. She fears he may be crossing a red line. By Nikolaus Blome, Christoph Scheuermann and Gregor Peter Schmitz more... Comment ]

Monetary Fallacy? Deep Divisions Emerge over ECB Quantitative Easing Plans

Monetary Fallacy? Deep Divisions Emerge over ECB Quantitative Easing Plans

SPIEGEL ONLINE - November 03, 2014

To prevent dangerous deflation, the ECB is discussing a massive program to purchase government bonds. Monetary watchdogs are divided over the measure, with some alleging that central bankers are being held hostage by politicians. By Anne Seith more... Comment ]

EU Banking Stress Tests: 'Far-Reaching Reforms Are Needed'

EU Banking Stress Tests: 'Far-Reaching Reforms Are Needed'

SPIEGEL ONLINE - October 23, 2014

On Sunday, Europe will release the results of its banking stress tests. In an interview, former PIMCO head Mohamed El-Erian speaks with SPIEGEL about what to expect and how Europe's core countries are failing to adequately confront a flagging economy. Interview Conducted by Martin Hesse more... Comment ]

'Poets and Alchemists': Berlin and Paris Undermine Euro Stability

'Poets and Alchemists': Berlin and Paris Undermine Euro Stability

SPIEGEL ONLINE - October 20, 2014

Market uncertainty over the future of the euro has returned, but that hasn't stopped France from flouting European Union deficit rules. Berlin is already busy hashing out a dubious compromise. By SPIEGEL Staff more... Comment ]

The Reckoning: Kohl Tapes Reveal a Man Full of Anger

The Reckoning: Kohl Tapes Reveal a Man Full of Anger

SPIEGEL ONLINE - October 14, 2014

Helmut Kohl spent over 600 hours speaking with the journalist Heribert Schwan about his life's work. The secret tapes reveal a chancellor resentful of his public image and disdainful of many of those around him, including Angela Merkel. By René Pfister more... Comment ]

Out of Balance? Criticism of Germany Grows as Economy Stalls

Out of Balance? Criticism of Germany Grows as Economy Stalls

SPIEGEL ONLINE - October 14, 2014

The latest indicators suggest Germany's once buzzing economy is beginning to stall. The development has created a serious dilemma for Finance Minister Wolfgang Schäuble. Critics say spurring growth is more important than his goal of a balanced budget. By Horand Knaup and Christian Reiermann more... Comment ]

Bridge to Nowhere: Are EU Subsidies for Andalusia Well Spent?

Bridge to Nowhere: Are EU Subsidies for Andalusia Well Spent?

SPIEGEL ONLINE - October 01, 2014

No other region in Spain receives as much European Union funding as Andalusia. But do the projects being funded make sense? Questions are mounting about the efficacy of the subsidies -- and about their potential for feeding corruption. By Christoph Pauly more... Comment ]